We believe the bounty program for @encodeclub could bring value to Euler DAO and attract more developers to build on the Euler Protocol. However, the Proposers fail to underline who they are and lay critical indicators to measure if the programme is successful or keep the Encode club accountable. This might be because they have relied on their previous ‘Rep’ generated from high-profile events and hackathons. This added to the fact that Euler emerged from one of Encode hackathons.
our members have tried to influence the proposal before going for snapshot voting but those weren’t considered in the proposal
Due to the circumstances mentioned earlier (i.e. potential benefits of the program due to the outreach and proven track record, on the other hand, lack of accountability measures)
Daostewards have decided to abstain from voting on the proposal.
Our known Delegators were commutated beforehand as soon as our internal poll ended.